This work presents a comprehensive model of supply chain management. Experienced executives from 20 companies clearly define supply chain management, identifying those factors that contribute to its effective implementation. They provide practical guidelines on how companies can manage supply chains, addressing the role of all the traditional business functions in supply chain management and suggest how the adoption of a supply chain management approach can affect business strategy and corporate performance.
Chapter 15: Supply Management
Supply management (SM) has undergone a significant transformation from a function responsible for placing purchase orders to a strategic process focusing on the management of goods and services. The role of SM is to create the maximum strategic advantage for the firm. This includes areas such as the management of ...